From The Detroit News: http://www.detroitnews.com/article/2...#ixzz2Cqxv425S
"The City Council's rejection of a key legal contract Tuesday could leave Detroit teetering on its own fiscal cliff after the state blocked $10 million in aid intended to keep the city solvent through December".
"A spokesman for state Treasurer Andy Dillon said the bond money would not be forthcoming."Until those milestones are achieved, the funds will not be released," Terry Stanton said".
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